Indonesia Becomes a Potential Market for Crypto Asset Development

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Husen Miftahudin • October 09 2020 14:45

Jakarta: Indonesia bitcoin and crypto asset exchange (Indodax) listed a new crypto asset, namely Nervos CKB. The presence of CKB adds a line of potential crypto assets in Indonesia and is ready to target the domestic crypto asset market. Nervos Co Founder Kevin Wang said CKB is a Common Knowledge Base, which is the base layer 1 protocol of the Nervos Network. According to him, Indonesia is a potential market for developing crypto assets. "The CKB listing on Indodax is an interesting development for the Nervos community as it supports our presence in what we believe to be the main crypto market. By registering on the largest crypto asset market in Indonesia, we can further expand our global reach while also creating a new layer of liquidity for us. CKB holders, "said Kevin in his written statement, Friday, October 9, 2020.

With a large population and a large economy, Indonesia is considered to present an opportunity to contribute to the growth of the Nervos community and help drive global adoption of CKB. Based on the Hootsuite report, it is estimated that 30 million Indonesians will own cryptocurrency, and that will continue to grow. "By making CKB more accessible in the Indonesian market, local residents will be able to take a part of Nervos as the leading blockchain in China," said Kevin. Meanwhile, Indodax CEO Oscar Darmawan said CKB is one of the top 100 coins in the world, based on the cryptocurrency rating website Coinmarketcap.com. "CKB listing on Indodax adds to the list of crypto assets listed on Indodax. Currently, there are more than 90 crypto assets listed on Indodax. There are many crypto assets besides bitcoin that have recorded fantastic performance," said Oscar.

He revealed, until the end of the year, Indodax continued to add to the line of the best crypto assets in the world. It aims to add investment and trading instruments in Indonesia which also aims to improve the welfare of the Indonesian people and increase digital financial literacy. "We are opening cooperation with the best crypto assets from around the world for us to present in Indonesia. Indodax also bridges the interests of developers around the world who are eyeing the Indonesian market which is very potential," concluded Oscar. (Des)

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